BDO remains number one bank in PH
MANILA, Philippines - BDO Unibank is still the top bank in the Philippines, according to UK banking and finance magazine The Banker.
According to The Banker's list of the world's top 1,000 banks, BDO jumped 145 spots to land at 251st place, from last year's 396th place. The Sy-led bank was cited for its overall improved performance, especially in tier 1 capital, assets and profits.
BDO reported its net income hit a record P14.1 billion in the first half.
The Banker's Top 1000 World Banks ranking is an industry benchmark, providing information on the banking industry.